Friday, June 12, 2020

UK economy contracts record 20 percent in April

Statistic agency reports ‘record falls’ across all sectors in first full month of lockdown measures.
The U.K.'s GDP fell 20.4 percent in April, its worst-ever monthly fall, after the country went into lockdown in response to the coronavirus crisis.
The record April fall followed a 5.8 percent contraction in March, according to data released by the Office of National Statistics today.

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